FactSet Research Systems Inc
- FactSet Research Systems Inc. gained 3.7% to $438.01 after the investment data and information solutions reported results for the fiscal third quarter ending on May 31.
Revenue increased to $585.5 million from $552.7 million, net income edged down to $148.5 million from $158.1 million, and diluted earnings per share declined to $3.87 from $4.09 a year ago.
Client count as of May 31 was 8,811, a net increase of 166 clients in the past three months, driven by hedge fund, corporate, and wealth management clients, and now includes clients from the LiquidityBook acquisition.
The data provider guided full-year revenue to be between $2.30 billion and $2.32 billion, compared to $2.20 billion, and diluted earnings per share between $14.80 and $15.40, compared to $13.91 a year earlier, respectively.
During the quarter, the company repurchased $80.7 million worth of its own stock, and $106.2 million remained available for share repurchases.
On June 17, the company’s board approved a new share repurchase authorization of up to $400 million, which will be available on September 1.
Jun 23, 2025 - FactSet Research Systems Inc. eased 0.4% to $431.12 after the enterprise solutions provider to investment managers reported results for fiscal second quarter 2025 ending in February.
Revenue increased 4.5% to $570.66 million from $545.94 million, net income jumped 2.8% to $144.86 million from $140.94 million, and diluted earnings per share rose 1.4% to $4.28 from $4.22 a year ago.
“Client count as of February 28 was 8,645, a net increase of 396 clients in the past three months, mainly due to corporates, which now includes clients from the Irwin acquisition,” the company said in a release to investors.
The count includes clients with annual subscription value of $10,000 and more and does not reflect the LiquidityBook acquisition.
User count was 219,141 as of February 28, a net increase of 874 users in the past three months, mainly driven by an increase in wealth management users, and not reflecting the Irwin and LiquidityBook acquisitions.
FactSet had proposed a dividend of $39.5 million, or $1.04 per share, paid on March 20 to shareholders on record as of February 28.
In addition, the workflow solutions company repurchased 136,714 shares for $64.4 million at an average price of $470.70 during the second quarter, and $186.9 million remained available as of February 28.
The company guided for fiscal 2025 GAAP revenue to be between $2.30 billion to $2.32 billion, up from its previous forecast between $2.28 billion and $2.30 billion.
GAAP diluted earnings per share are estimated to be between $14.80 and $15.40, compared to the previous guidance between $15.10 and $15.70.
Adjusted diluted earnings per share are seen unchanged between $16.80 and $17.40.
GAAP operating margin is expected to be in the range of 32% and 33%, down from 32.5% and 33.5% previously announced.
Organic annual subscription value is expected to grow in the range of $100 million to $130 million, narrowing from $90 million to $140 million previously estimated.
Annual subscription value (ASV) was $2.31 billion as of February 28, compared to $2.18 billion a year ago.
Organic ASV was $2.28 billion as of February 28, up 4.1% or $90.7 million, year-over-year, and it increased $19.6 million over the last three months.
Mar 24, 2025 - FactSet Research Systems decreased 0.3% to $457.17 after the financial information integration services provider lowered its annual outlook.
Revenue in the fiscal first quarter ending in November increased 7.4% to $542.2 million from $504.8 million, net income advanced to $148.5 million from $136.8 million, and diluted earnings per share rose to $3.84 from $3.52 a year ago.
FactSet repurchased 135,950 shares of its common stock for $59.9 million at an average price of $440.67 during the first quarter under the Company’s stock repurchase program.
At the end of November, about $240.1 million remained available in the stock repurchase plan.
The company slightly lowered its fiscal 2024 revenue outlook to between $2.2 billion from $2.21 billion from the previous estimate between $2.21 billion and $2.23 billion.
The company lowered its GAAP diluted earnings outlook to between $13.95 to $14.35 from the previous estimated range between $14.20 and $14.70.
Dec 19, 2023 - FactSet Research Systems fiscal Q1 revenue rose 19% to $504.8 million and net income rose 27.1% to $136.8 million and diluted earnings per share increased to $3.52 from $2.79 a year ago.
Dec 20, 2022
| Year | Nov | Feb | May | Aug | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 3.38 | 3.46 | 1.68 | 3.84 | 12.04 | |
| 2022 | 2.84 | 1.93 | 2.69 | 3.52 | 10.25 | |
| 2021 | 2.5 | 2.62 | 2.62 | 2.79 | 10.36 | |
| 2020 | 2.3 | 2.63 | 2.29 | 2.62 | 9.65 | |
| 2019 | 2.42 | 2.62 | 2.61 | 2.55 | 9.08 | |
| 2018 | 2.12 | 2.18 | 2.20 | 2.35 | 6.78 | |
| 2017 | 1.81 | 1.85 | 1.90 | 2.04 | 7.6 | |
| 2016 | 1.59 | - | 1.69 | 1.75 | 5.03 | |
| 2015 | 1.39 | 1.42 | 1.48 | 1.44 | 5.73 | |
| 2014 | 1.32 | 1.22 | 1.21 | 1.30 | 4.92 | |
| 2013 | 1.19 | 1.00 | 1.20 | 1.14 | 4.45 | |
| 2012 | 1.11 | 1.02 | 1.05 | 1.06 | 4.12 | |
| 2011 | 0.99 | 0.95 | 0.92 | 0.86 | 3.61 | |
| 2010 | 0.88 | 0.75 | 0.81 | 0.83 | 3.13 | |
| 2009 | 0.74 | 0.71 | 0.79 | 0.74 | 2.97 | |
| 2008 | 0.73 | 0.59 | 0.65 | 0.68 | 2.5 | |
| 2007 | 0.58 | 0.52 | 0.56 | 0.59 | 2.14 | |
| 2006 | 0.47 | 0.38 | 0.41 | 0.47 | 1.64 | |
| 2005 | 0.38 | 0.34 | 0.39 | 0.37 | 1.43 |